Millions of workers have been cautioned that they could face poverty in their later years ... Earlier this year, Phoenix Group, the UK’s largest retirement savings business, estimated that ...
Researchers estimated that 42% of women risk facing poverty in retirement, compared with 35 ... survey among more than 5,100 people across the UK in March and April 2024.
Pension schemes could be forced to take out insurance to protect their members from poverty in retirement if their fund is wound up. The radical proposal is being considered by the Government as a ...